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There are over 3,000 business schools in India, producing ~3.75 lakh MBA graduates annually. The job market simply can’t absorb them all.
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Many private B-schools charge tuition fees of ₹15-25 lakh (plus living costs of ₹4-6 lakh) while the average salary for non-top schools is only ₹3-5.5 lakh per annum (≈ ₹25K-₹45K/month). The break-even point is now 8-10 years.
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The system is compromised: low admission standards, outdated curriculum, weak faculty, negligible industry integration and inflated placement statistics.
What went wrong? For starters, many institutes focus more on infrastructure and marketing than real learning. Admission standards are low, curriculums outdated, faculty underpaid, and industry exposure almost absent. The “placement records” flaunted on broc*ures often turn out to be inflated numbers that hide the real picture. We were sold the dream of corporate glory shiny offices, leadership roles, six-figure salaries. What we get is an over-saturated job market and underwhelming opportunities.
I’m not saying an MBA is worthless. The degree can still be transformative but only when it comes from a school that genuinely adds value, teaches relevant skills, and connects with the industry. Until that happens, we need to ask the tough questions before investing our money and dreams. So if you’re planning to pursue an MBA, take it from someone who’s living the reality don’t chase the brand or the glossy broc*ure. Chase the truth, the skills, and the ROI.